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If neither black money nor counterfeiting were curbed, what did demonetisation achieve, asks Congress

The Congress on Friday claimed the counterfeit notes have become rife once again and termed as an "…

PTI   


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Pakistan to issue new notes to combat counterfeit currencies

Pakistan's central bank has announced that it will introduce new currency notes with enhanced secur…

PTI   


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As the deposit deadline approaches, ₹2,000 notes fade from the system

​​With a couple of weeks to go before the deadline to deposit ₹2,000 banknotes, e-commerce giant Am…

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Rs 2,000 note withdrawal may not impact gold demand, rupee value: Expert

The decision of the Reserve Bank of India (RBI) to withdraw Rs 2,000 denomination banknotes from ci…

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SC upholds Centre's decision on demonetisation, says decision-making process not flawed

The Supreme Court has upheld the Indian government's decision to demonetise the currency notes of R…

PTI   


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PIL filed against RBI, SBI notifications permitting Rs. 2000 note exchange, without ID proof

A Public Interest Litigation (PIL) has been moved in Delhi High Court challenging Reserve Bank of I…

ANI   


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Verdict on demonetisation cannot be interpreted as upholding the move: CPI(M)

Reacting to the Supreme Court verdict on demonetisation, the CPI(M) said on Monday that the verdict…

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Upgrade post demonetisation, downgrade post tax cuts⁠— Moody's mood swings expose the economist’s inertia

Exactly one year after demonetisation, global credit rating agency Moody’s upgraded India with a ri…

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Why even an economic growth of 6.6% is not believable

The Indian GDP grew by 6.6%, the slowest in five quarters. In fact, even a growth of 6.6% seems …

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India records the highest unemployment rate in two years, says study

Only 39.5% of the Indian adult population was employed as of October, the lowest employment …

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India’s central bank refused to disclose the cost of destroying banned notes after demonetisation

In response to a query by Chandrashekhar Gaud, posted on 29 October under the RTI Act, RBI g…

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YouTube to demonetise low-quality 'made for kids' content starting November

YouTube channels that primarily target young audiences are classified as "made for kids". "Th…

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8 months on, RBI still counting demonetised currency; Urjit Patel cuts staff holidays to complete counting

RBI Governor Urjit Patel said demonetised currency is still being counted and staff holidays have b…

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New window to defeat demonetisation purpose, Govt to SC

Senior officials added that demonetisation has had a "tremendous impact" on nipping funding …

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Here’s what the fiscal health of Indian states looks like post-demonetisation and GST

India’s states are increasing the amount they spend on asset creation, in lieu of futu…

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Economic growth rate very reasonable, says Arun Jaitley playing down demonetisation effect

Jaitley spoke after data on Wednesday showed that India's economy, Asia's third largest, suffere…

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Demonetisation led to slow GDP growth, says Fitch

The agency also warned that if the decline in investment continues at this rate, the growth pot…

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It was the government that advised the RBI to consider demonetisation

An Indian Express report quoted a note submitted by the central bank to a parliamentary panel sayin…

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3 mins read

Demonetisation – dash to a cashless economy?

One of the most significant advantages of a digital economy would be the expansion of the direct an…

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Demonetisation has even left India Inc. divided on PM Modi's biggest-ever economic gamble

The decision to scrap 86 per cent of the currency in circulation in the then second largest emergin…